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Unleash the power of SIP – Invest in Mutual funds

Here is a list of top 10 mutual fund schemes handpicked by ET Mutual Funds.

Which are thetop 10 mutual funds? That is how many mutual fund investors start their investment process. Mostly it would start with an online search: top 10 mutual fund schemes to invest. In some cases, it would be a rhetorical query to friends or colleagues. What we are trying to say that most investors want a ready made list of schemes to start investing inmutual funds.

However, an online search would often take them to online sties which list mutual fund schemes based on their performance over a very short period. Sometimes, schemes from a single category may dominate the list because it is the flavour of the season. In short, most of these questions and searches are in vain. Even if one finds a list that looks appealing, the conviction is very low. No wonder, many investors keep wondering whether they picked up the right schemes even after investing in them for a few years.

That is why ET Mutual Funds decided to come with our own list of Top 10 mutual fund schemes. We have picked up two schemes from five different categories — large and mid cap, multicap, value,ELSSor tax saving schemes and aggressive hybrid schemes which we believe should be enough for regular mutual fund investors. Here is the list of schemes. For more details look at the table below.

We believe that the list would be a good starting point to new investors looking to invest in mutual funds. Mostly, new investors start with Equity Linked Savings Schemes (ELSSs) or tax saving/mutual fund schemes. Investments in these schemes qualify for tax deductions of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. These schemes are ideal for new investors as they come with a mandatory lock-in period of three years and it helps investors tackle volatility typically associated with equity mutual funds.

Equity-oriented hybrid schemes or balanced schemes are also ideal for novices to the stock market. These schemes invest in a mix of equity (minimum 65 per cent) and debt, and they are relatively less volatile than pure equity schemes that invest the entire corpus in stocks. Equity-oriented hybrid schemes are the best investment vehicle for investors looking to create long-term wealth without much volatility.

A regular investor looking to invest in the stock market need not look beyond mutlicap mutual funds or diversified equity schemes. These schemes invest across market capitalisation based on the view of the fund manager. They invest mostly in largecap and midcap stocks, with a small allocation to smallcap stocks. A regular investor can benefit from the uptrend in any of the sectors, categories of stocks by investing in these schemes.

Some investors want to play extremely safe even while investing in stocks. Largecap schemes are meant for such individuals. These schemes invest in top 100 stocks and they are relatively safer than other stocks. They are also relatively less volatile than midcap and smallcap schemes. In short, you should invest in largecap schemes if you are looking for modest returns with relative stability.

What about aggressive investors looking to take extra returns by taking extra risk? Well, they can bet on midcap schemes that invest mostly in medium sized companies. These schemes can be a bit volatile, but they also have the potential to offer superior returns over a long period. You can invest in midcap schemes if you have a long-term investment horizon and an appetite for higher risk.

Looking for an equity mutual fund SIP portfolios to start investing to create wealth over a long period? Here are recommended equity mutual fund SIP portfolios for three different risk profiles – conservative, moderate, aggressive – and three different basket of SIP investments. For more, read:Best mutual funds to invest in 2018.

Planning to invest in mutual funds to build a retirement corpus? Here is what you should know.Invest in zero commissions direct mutual funds with ETMONEY. Start SIP as low as ₹500/month.0CommentsScheme NameNAVAUM

(%)Mirae Asset Tax Saver Direct-G2.147.6513.4210.5622.70Mirae Asset Tax Saver Reg-G1.977.1812.429.0721.06Invest NowMotilal Oswal Long Term Equity Fund Direct-Growth

ELSS0.325.359.81-4.3617.52Invest NowFeatured

ICICI Prudential Long Term Equity Fund (Tax Saving)- Growth

ELSS3.296.7010.427.2713.21Invest NowFeatured

ELSS2.378.6815.355.7615.71Start SIPFeatured

ELSS1.265.498.825.2715.66Invest NowFeatured

ELSS2.287.3011.654.8515.21Invest NowUTI Equity Fund Direct-Growth

Multi Cap2.477.2210.767.7714.05UTI Mastershare Direct-Growth

Large Cap2.416.8511.427.7313.45UTI Nifty Index Fund Direct-Growth

Large Cap2.557.9912.8412.8715.26UTI Money Market Fund Direct-Growth

Money Market0.742.124.358.397.52SBI Bluechip Direct Plan-Growth

Large Cap2.487.1512.922.9712.31Motilal Oswal Focused 25 Fund Direct-Growth

Large Cap2.517.0212.393.8114.12Invest NowICICI Prudential Nifty Next 50 Index Direct-Growth

Large Cap1.553.698.08-5.3114.55Invesco India Growth Opportunities Fund-Growth

Large & MidCap1.656.5810.853.2615.52Invest NowDSP Midcap Direct Plan-Growth

Mid Cap1.975.9012.02-3.1915.56Start SIPCanara Robeco Emerging Equities Fund Regular-Growth

Large & MidCap1.916.4511.93-0.0816.92Mirae Asset India Equity Fund Regular- Growth

Multi Cap1.847.4312.3410.7317.26Invest NowDSP Focus Direct Plan-Growth

Multi Cap2.088.6813.243.4511.92Start SIPMotilal Oswal Multicap 35 Fund Direct-Growth

Multi Cap0.715.4211.86-3.0415.79Invest NowTata Retirement Savings Fund Progressive Plan Direct-Growth

Multi Cap1.686.1812.781.5517.40L&T Midcap Fund Direct-Growth

Mid Cap2.553.376.80-6.4817.29Motilal Oswal Midcap 30 Fund Direct-Growth

Mid Cap2.376.5810.10-1.579.56Invest NowHDFC Mid-Cap Opportunities Fund-Growth

Mid Cap1.845.8310.26-5.7014.11Invest NowL&T Emerging Businesses Fund-Growth

Small Cap0.531.601.69-12.7918.96Invest NowDSP Small Cap Direct Plan-Growth

Small Cap1.535.187.23-15.309.39Start SIPDSP Equity Opportunities Direct Plan-Growth

Large & MidCap1.517.3112.402.4615.33Start SIPDSP Credit Risk Direct Plan-Growth

Credit Risk0.742.390.23-1.215.13Start SIPSBI Small Cap Fund-Growth

Small Cap1.524.686.56-10.8016.35Invest NowICICI Prudential Value Discovery Fund-Growth

Value Oriented2.135.443.352.659.52Invesco India Contra Fund Direct-Growth

Value Oriented0.655.819.262.7717.97Motilal Oswal Long Term Equity Fund Direct-Growth

– Returns less then 1 year are absolute and above 1 year are annualised.

– Returns of 1 year are absolute and above 1 year are annualised..

Start Investing with ICICI Prudential Mutual Fund. Click Here

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